Comment: About the Secretary of Labor interview on the Reuters’ channel.

SVET
2 min readFeb 2, 2024

Watching all markets across the world at once and trying to gauge how it reflects on crypto every day for more than one year has put me in a non-enviable position.

This is especially true when I have also constantly listened to political commentaries coming from top-positioned bureaucrats, notably those responsible for economic conditions in the country. One of those emanated from the Secretary of Labor today.

That person came full throttle, congratulating the government for the amazing results they achieved with keeping employment so low, inflation high, and GDP growing. Then, the journalist asked, ‘Why then do people can’t feel that which reflects in upcoming elections’ polls?’

(Like, yes, what about the sky-high mortgage rates, unbelievable costs of food and housing, evaporated bank accounts, mounting lay-offs, and complete destruction of whole sectors of the economy like SME banks, start-ups and innovations, SME finance, and crypto to name just a few?

And, yes, “thanks” to the Boomers’ outstanding smear campaign against crypto, we still have 95% of the population absolutely oblivious to the decentralized governance and income-earning alternatives we have created for them during the past 15 years.)

It was absolutely dumb striking to see how the Secretary started to mumble something like, ‘We work so hard, but people just too stupid to not recognize that.’ That speaks volumes about the soundness of the current political system, which acts now like a dystopian movie about gigantic moving cities which fight each other on the face of dilapidated Earth led by straightforward delusional and mentally deficient megalomaniacs and their small cliques.

These “elected officials” completely ignore reality outside of their high-raised, bulletproof cockpits, driving with eyes wide shut, without front-windows, relying on their medieval dials board. All those “legitimated gangsters” do now is keep cheering the crowd with only goal in mind — to prolong their stay in power for as long as they could, whatever the cost for the rest of us.

And by the way, all alternatives on the so-called elections (and I am talking worldwide, where more than 50% of the world’s population will come into voting cabins this year) are not a tiny-tiny better. So, investors, buckle your seatbelts. So much fun ahead.

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SVET

Angel Investor (20+ years), Serial Entrepreneur (14+ companies), Author (> 1M views), Founder of Evernomics, 40+ Countries